Nonprofit · EIN 58-6048113
FORWARD ARTS FOUNDATION INC
Also known as SWAN COACH HOUSE
Tax-exempt · ATLANTA, GA 30305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,353,774 | $2,712,078 | $641,696 | $8,170,018 | $440,013 | $7,730,005 |
| June 30, 2024 | 990 | $3,098,202 | $2,536,942 | $561,260 | $7,349,580 | $272,216 | $7,077,364 |
| June 30, 2023 | 990 | $2,616,724 | $2,140,205 | $476,519 | $6,814,755 | $299,458 | $6,515,297 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,315,223
- Membership dues
- $161,000
- Program service revenue
- $0
- Investment income
- $265,593
- Net rental income
- $297,078
- Net income from fundraising events
- -$268,428
- Net income from sales of inventory
- $1,737,661
- Other revenue
- $1,772,958
Expenses
- Grants and similar amounts paid
- $245,000
- Other salaries and wages
- $1,280,485
- Salaries, compensation and benefits (total)
- $1,391,335
- Professional fundraising fees
- $0
- Legal fees
- $141
- Accounting fees
- $24,984
- Occupancy
- $67,705
- Travel
- $52,579
- Depreciation
- $183,570
- Program services (functional)
- $2,470,750
- Management and general (functional)
- $210,795
- Fundraising (functional)
- $30,533
Balance sheet and other
- Total assets, start of year
- $7,349,580
- Total assets, end of year
- $8,170,018
- Total liabilities, end of year
- $440,013
- Net assets, end of year
- $7,730,005
- Land, buildings and equipment
- $275,870
- Publicly traded securities
- $5,774,892
- Net assets without donor restrictions
- $7,659,406
- Net assets with donor restrictions
- $70,599
- Gross unrelated business income
- $1,989,475
- Gross receipts
- $4,478,478
- Employees
- 50
- Volunteers
- 100
- Year formed
- 1965
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAM KELLETT | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| CLAYTON HOWELL | BOARD MEMBER, VOLUNTEER ACT CHAIR Trustee or director | 1 | $0 |
| ELEANOR RATCHFORD | CHAIRMAN Trustee or director, Officer | 25 | $0 |
| ELIZABETH LONG | BOARD MEMBER, RESTAURANT CHAIR Trustee or director | 1 | $0 |
| KAREN H'DOUBLER | CHAIR ELECT Trustee or director | 5 | $0 |
| LANDON LANIER | SECRETARY Trustee or director, Officer | 1 | $0 |
| LAURA NUNNALLY | BOARD MEMBER, MEMBERSHIP PRGM CHAIR Trustee or director | 1 | $0 |
| LEIGH POLLARD | BOARD MEMBER, GIFT SHOP CHAIR Trustee or director | 1 | $0 |
| LIZA JANCIK | BOARD MEMBER, MEMBERSHIP CHAIR Trustee or director | 1 | $0 |
| MARY JOHNSON | BOARD MEMBER, EDGE AWARD Trustee or director | 1 | $0 |
| MARY SUSAN WHEELER | BOARD MEMBER, COMM. RELATI Trustee or director | 1 | $0 |
| TRACEY DEROSA | TREASURER Trustee or director, Officer | 15 | $0 |
| GEORGANNA HOWEL | BOARD MEMBER, ART GALLARY CHAIR Trustee or director | 1 | $0 |
| WIMBERLY MCPHAIL | BOARD MEMBER, ART GALLARY CHAIR Trustee or director | 4 | $0 |
| MARY KATHERINE GREENE | BOARD MEMBER, BLDG & GRNDS CHAIR Trustee or director | 1 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISSA PRYOR | BOARD MEMBER, MKTG CHAIR Trustee or director | 1 | $0 |
| CAROLINE VROON | BOARD MEMBER, GOVERNANCE CHAIR Trustee or director | 1 | $0 |
| ROBIN CROFT | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| ROBIN HOWELL | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAM KELLETT | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| CLAYTON HOWELL | BOARD MEMBER, VOLUNTEER AC Trustee or director | 1 | $0 |
| DEAVER NEAL | BOARD MEMBER, MKTG Trustee or director | 1 | $0 |
| ELEANOR RATCHFORD | CHAIRMAN Trustee or director, Officer | 25 | $0 |
| ELIZABETH LONG | BOARD MEMBER, RESTAURANT Trustee or director | 1 | $0 |
| TRACEY DEROSA | TREASURER Trustee or director, Officer | 15 | $0 |
| KATIE NALLEY | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| LANDON LANIER | SECRETARY Trustee or director, Officer | 1 | $0 |
| LAURA BLACKBURN | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| LAURA NUNNALLY | BOARD MEMBER, MEMBERSHIP Trustee or director | 1 | $0 |
| LEIGH POLLARD | BOARD MEMBER, GIFT SHOP Trustee or director | 1 | $0 |
| LIZA JANCIK | BOARD MEMBER, MEMBERSHIP Trustee or director | 1 | $0 |
| LORRI MCCLAIN | BOARD MEMBER, ART GALLARY Trustee or director | 1 | $0 |
| MARY JOHNSON | BOARD MEMBER, EDGE AWARD Trustee or director | 1 | $0 |
| MARY SUSAN WHEELER | BOARD MEMBER, COMM. RELATI Trustee or director | 1 | $0 |
| RUTH LANIER | BOARD MEMBER, BUILDING Trustee or director | 1 | $0 |
| SARA HEHIR | PAST CHAIR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2023: 31 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY WARNER | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| BETSY WEST | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| BETTY EDGE | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| CATHY CHRISTIANS | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| CLAYTON HOWELL | BOARD MEMBER, VOLUNTEER ACTIVITIES CHAIR Trustee or director | 1 | $0 |
| DEAVER NEAL | BOARD MEMBER, MKTG CHAIR Trustee or director | 1 | $0 |
| ELEANOR RATCHFORD | BOARD MEMBER, GOVERNANCE CHAIR Trustee or director | 1 | $0 |
| ELIZABETH LONG | BOARD MEMBER, RESTAURANT CHAIR Trustee or director | 1 | $0 |
| EMMY KNOBLOCK | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| FAY HOWELL | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| JANE BLACK | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| JANE LANIER | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| JEAN ASTROP | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| KAREN H'DOUBLER | TREASURER Trustee or director, Officer | 20 | $0 |
| KATIE NALLEY | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| LANDON LANIER | BOARD MEMBER, MEM. PROGRAMS CHAIR Trustee or director | 1 | $0 |
| LAURA BLACKBURN | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| LINDA STEPHENSON | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| LIZA JANCIK | BOARD MEMBER, MEMBERSHIP Trustee or director | 1 | $0 |
| LORRI MCCLAIN | BOARD MEMBER, ART GALLARY CHAIR Trustee or director | 1 | $0 |
| MARY JOHNSON | BOARD MEMBER, ART GALLARY CHAIR Trustee or director | 1 | $0 |
| MARY SUSAN WHEELER | BOARD MEMBER, COMM. RELATIONS CHAIR Trustee or director | 1 | $0 |
| SARA HEHIR | FAF CHAIR Trustee or director, Officer | 20 | $0 |
| SARAH KENNEDY | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
| CAROLINE SPANGENBERG | FAF PAST CHAIR Trustee or director | 1 | $0 |
| KAPPY DEBUTTS | SECRETARY Trustee or director, Officer | 1 | $0 |
| RUTH LANIER | BOARD MEMBER, BUILDING & GROUNDS CHAIR Trustee or director | 1 | $0 |
| AIMEE CHUBB | BOARD MEMBER, EDGE AWARD CHAIR Trustee or director | 1 | $0 |
| BETSY GLENN | BOARD MEMBER, GIFT SHOP CHAIR Trustee or director | 1 | $0 |
| ROBIN LEA | BOARD MEMBER, AT LARGE Trustee or director | 1 | $0 |
| LAURA SPEARMAN | BOARD MEMBER, ADVISORY TRUSTEES Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3130 SLATON DR NW, ATLANTA, GA 30305-2009
- In care of
- % LISLE N WAITS
- Principal officer (990 for 2024)
- TRACEY DEROSA, 3130 SLATON DRIVE NW, ATLANTA, GA 30305
- Signed the 990
- TRACEY DEROSA, TREASURER
- Phone
- (404) 261-9855
- Return prepared by
- MSTILLER LLC
Mission
TO PROVIDE SUPPORT TO THE VISUAL ARTS IN THE ATLANTA, GA AREA.
Program accomplishments
- BESIDES RECEIVING MEMBER DUES THE FOUNDATION OPERATES AN ART GALLERY TO SHOW AND SELL ARTWORK AS PART OF THE FOUNDATION'S PRIMARY PURPOSE TO SUPPORT AND FURTHER THE ARTS IN ATLANTA.Expenses $2,470,750 · grants $245,000 · revenue $51,911
- OPERATION OF THE SWAN COACH HOUSE RESTAURANT RUN BY THE FOUNDATION. THE RESTAURANT IS ALSO OPEN TO THE PUBLIC AND AVAILABLE FOR USE FOR SPECIAL EVENTS AND BANQUETS FOR INDIVIDUALS AND GROUPS.
- OPERATION OF A GIFT SHOP RUN BY THE FOUNDATION FOR THE RETAIL SALE OF GIFTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-6048113
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A400)
- Assets (IRS master file)
- $8,170,018
- Income (IRS master file)
- $4,478,478
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,353,774 | $2,712,078 | $8,170,018 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $3,098,202 | $2,536,942 | $7,349,580 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $2,616,724 | $2,140,205 | $6,814,755 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $2,883,622 | $1,752,089 | $6,263,507 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-6048113).
Questions about FORWARD ARTS FOUNDATION INC
- What is the EIN of FORWARD ARTS FOUNDATION INC?
- The employer identification number (EIN) of FORWARD ARTS FOUNDATION INC is 58-6048113.
- Is FORWARD ARTS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to FORWARD ARTS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FORWARD ARTS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FORWARD ARTS FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FORWARD ARTS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FORWARD ARTS FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names TRACEY DEROSA.
- Who are the officers and directors of FORWARD ARTS FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does FORWARD ARTS FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,353,774, expenses of $2,712,078 and total assets of $8,170,018 at year end.
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